Supplier Integration Occurs When Multiple Firms in a Supply Chain

question 92

True/False

Supplier integration occurs when multiple firms in a supply chain coordinate their activities and processes so that they are seamlessly linked to one another in an effort to satisfy the customer.

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Definitions:

Deming

Pertains to W. Edwards Deming, a distinguished American engineer, statistician, professor, author, lecturer, and consultant in management, renowned for his contributions to the field of quality management.

Quality Improvement

The ongoing effort to enhance products, services, or processes through incremental improvements or breakthrough achievements, aiming for enhanced customer satisfaction and operational efficiency.

Entire Economy

Refers to the comprehensive system encompassing all economic activities and interactions within a country, including production, consumption, and trade of goods and services.

Deming

Deming is best known for his work in quality management and continuous improvement, with his principles significantly influencing manufacturing and service industries worldwide.